UNCTAD Report 2014

UNCTAD Report 2014

Date: February 03, 2015

UNUSUNCTAD China

World Investment Report 2014

United Nations Conference of Trade and Development (UNCTAD) report 2014 shows that China has overtaken the United States (US) as the top destination for foreign direct investment (FDI). The USA holds top position since previous 11 years.

The World Investment Report provides valuable analysis that can inform global discussions on how to accelerate progress toward the Millennium Development Goals and shape a long-range vision for a more sustainable future beyond 2015.

Key facts of the report-

In 2014, China attracted 128 billion dollars FDI while the US has attracted only 86 billion dollars.

The growth in China’s foreign investment had benefited the services sector as manufacturing had slowed in 2014.

Hong Kong arrived at second spot after China with foreign investment of 111 billion dollars.

Globally, foreign investment had fallen by 8% to a total of $1.26trillion in 2014.

In 2014, the foreign investment in developing nations had increased by 4%, whereas developed nations saw a decline of 14 per cent, mostly due to the large fall in the US.